Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca…
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Square Enix, the Japanese game publishing and developing company, has announced a new deal with The Sandbox to allow one of its IPs to be featured in the metaverse-based platform. The company will bring elements of Dungeon Siege — one of its oldest intellectual properties — to The Sandbox, allowing players to include these elements…
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There were 796,009 NFT buyers on secondary markets in Feb, accounting for roughly $2.6 billion worth of sales. The figures mark significant declines compared with the record month before. The unique number of nonfungible token (NFT) buyers in February dipped below 800,000 for the first time since October, and search volume for nonfungibles also dropped…
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Bitcoin price attempted an upside break above the USD 45,000 resistance. BTC spiked above USD 45,200, but it faced sellers near USD 45,350 and is now down 2% in a day. It is currently (04:17 UTC) trading below USD 43,500, with a key support at USD 43,000. Similarly, most major altcoins are also facing…
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South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 million.
Funds Raised to Finance Valr’s Expansion Into Other Markets
The South African cryptocurrency exchange, Valr, recently announced that…
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The next round of sanctions against Russia and wealthy individuals based in the country could target crypto and crypto exchanges, with Washington already taking aim at those hoping to secure their funds by making bitcoin (BTC) and altcoin buys…. Read More: Washington, Europe Vow to Target Russian Crypto Sanctions Evasion Efforts Read more »Pay,…
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Chinese tech colossus Tencent has continued its foray into the Metaverse after filing a patent for virtual concerts, flying in the face of warnings from Chinese banks and regulators. Chinese tech conglomerate Tencent has filed for a virtual concerts patent with the Chinese National Intellectual Property Administration (CNIPA), according to business data-tracker Qichacha. The application…
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An unconfirmed code exploit on the Marketplace from TreasureDAO has allegedly caused tens of Smol Brains NFTs to be sold for zero cost. Reports emerged on Mar. 3 of an exploit discovered on the TreasureDAO Marketplace NFT trading platform that allows a user to buy items at zero cost no matter the listing price or…
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U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.”
Senator Elizabeth Warren Worried Russia Could Use Cryptocurrency to Evade Sanctions
As governments worldwide are placing sanctions on Russia following its invasion of Ukraine,…
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Solana-based NFT marketplace Snowcrash will release NFT collections of Bob Dylan and Miles Davis later this year. Solana-based NFT marketplace Snowcrash has announced that Sony Music and Universal Music Group — the two largest music labels in the world — have officially partnered with the upcoming platform. The two music labels will release Bob Dylan…
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